The real estate and properties transactions valued at AED 4.1 billion in total during the week ending 20 May 2021. The sum of transactions was 1,562.
After falling by more than 3 per cent in 2020, global GDP will increase by 5.9 per cent this year and 4.3 per cent in 2022. Rapid economic growth in the United States, driven by President Joe Biden’s stimulus packages and general resilience to new restrictions early in 2021 have helped improve the outlook, despite widespread COVID-19 transmission this spring.
Dubai Airport Freezone Authority (DAFZA) has announced that its foreign non-oil trade reached more than AED119 billion in 2020. The free zone contributed 10% to Dubai's non-oil foreign trade and 25% to the total trade in free zones in the emirate of Dubai. This affirms the free zone's capability in overcoming the challenges and consequences of the pandemic. The results demonstrate DAFZA's integrated ecosystem that ensures continuity of global trade despite various economic conditions and fluctuations.